Description
BSE notifies corporate actions affecting Securities Lending and Borrowing (SLB) segment for four securities, including dividends, stock split, and rights issue with applicable shut periods.
Summary
BSE has announced corporate actions for securities in the Securities Lending and Borrowing (SLB) segment. Four securities are affected with actions including dividends, a stock split, and a rights issue, each carrying specific book closure/record dates and shut periods during which SLB transactions will be restricted.
Key Points
- SBI Life Insurance Company Limited is paying a Dividend with a record date of 06-March-2026 and a shut period of 05-Mar-2026 to 06-Mar-2026.
- Angel One Limited is undergoing a Stock Split effective 26-February-2026 (ex-date today) with a shut period of 25-Feb-2026 to 26-Feb-2026.
- Indian Railway Finance Corporation (IRFC) is paying a Dividend with a record date of 13-March-2026 and a shut period of 12-Mar-2026 to 13-Mar-2026.
- HealthCare Global Enterprises Limited is conducting a Rights Issue of Equity Shares with a record date of 02-March-2026, foreclosure date of 02-Mar-2026, and a shut period of 27-Feb-2026 to 02-Mar-2026.
Regulatory Changes
No new regulatory changes introduced. This circular is a standard operational notification under existing SLB framework rules governing corporate action handling in the lending and borrowing segment.
Compliance Requirements
- SLB participants holding or lending positions in the four affected securities must close or settle positions before the respective shut periods commence.
- For HealthCare Global Enterprises Limited, participants must note the foreclosure date of 02-Mar-2026, by which all open SLB positions must be closed.
- Participants should reconcile their SLB positions against the announced shut periods to avoid forced settlements.
Important Dates
| Security | Action | Ex/Record Date | Foreclosure Date | Shut Period |
|---|---|---|---|---|
| SBI Life Insurance Company Ltd | Dividend | 06-Mar-2026 | — | 05-Mar-2026 to 06-Mar-2026 |
| Angel One Limited | Stock Split | 26-Feb-2026 | — | 25-Feb-2026 to 26-Feb-2026 |
| Indian Railway Finance Corporation | Dividend | 13-Mar-2026 | — | 12-Mar-2026 to 13-Mar-2026 |
| HealthCare Global Enterprises Ltd | Rights Issue | 02-Mar-2026 | 02-Mar-2026 | 27-Feb-2026 to 02-Mar-2026 |
Impact Assessment
SLB participants with open positions in any of the four securities need to act promptly, particularly for Angel One Limited (shut period already in effect as of today, 26-Feb-2026) and HealthCare Global Enterprises Limited (shut period begins 27-Feb-2026, tomorrow). The rights issue for HCG carries additional complexity due to the foreclosure requirement. Dividend-related actions for SBILIFE and IRFC provide more lead time. Overall market impact is moderate and contained to SLB desk operations.
Impact Justification
Routine SLB corporate action notification affecting four securities across dividend, stock split, and rights issue events; directly impacts SLB participants who must manage positions around shut periods.